CAVA Results Presentation Deck
2023 FULL YEAR OUTLOOK
August 15, 2023
Net New CAVA Restaurant Openings:
65-70
CAVA Same Restaurant Sales Growth:
13.0% to 15.0%
CAVA Restaurant-Level Profit Margin:
At least 23.0%
Pre-opening Costs: $13.5M - $14.5M
Adjusted EBITDA: $62.0M - $67.0M
Actual results may differ materially from CAVA Group's fiscal 2023 guidance as a result
of, among other things, the factors described under "Cautionary Statement Regarding
Forward-Looking Statements" in this presentation. A reconciliation of the forward-looking
fiscal 2023 Adjusted EBITDA to net income (loss) cannot be provided without unreasonable
effort because of the inherent difficulty of accurately forecasting the occurrence and
financial impact of the various adjusting items necessary for such reconciliation that have
not yet occurred, are out of our control, or cannot be reasonably predicted.
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November 7, 2023
Net New CAVA Restaurant Openings:
70-73
CAVA Same Restaurant Sales Growth:
15.0% to 16.0%
CAVA Restaurant-Level Profit Margin:
At least 24.0%
Pre-opening Costs: $14.5M - $15.5M
Adjusted EBITDA: $70.0M - $73.0MView entire presentation